Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
30,207 total articles
Shengyi Technology's stock climbed, reaching an intraday 52-week high, supported by accelerating demand for higher-grade, lower-loss copper-clad laminates (CCL) tied to AI server, next-generation GPU and 5G infrastructure buildouts. Analyst attention on the CCL sector and a quarterly earnings beat added to investor confidence, while industry-wide i…
Shares of Asian companies tied to rockets, satellites and space supply chains advanced on Friday following SpaceX's blockbuster initial public offering, which raised $75 billion at a $1.77 trillion valuation. The move lifted Japanese heavy industry and component suppliers, Chinese satellite and materials firms, and Hong Kong-listed suppliers that h…
Chow Tai Fook Jewellery's stock climbed sharply after the company reported a 52.2% jump in attributable profit to HK$9.004 billion and a 5.3% rise in revenue to HK$94.398 billion for the year ended March 31. Elevated gold prices, a larger dividend, a trading update showing early financial-year retail growth, and a major bank's reaffirmed Buy rating…
Asian equities climbed sharply on Friday following U.S. President Donald Trump’s remarks that a peace agreement with Iran was close and could be signed soon. Technology and chipmaking stocks led gains across the region, while oil prices fell after comments that the Strait of Hormuz would be reopened immediately under the proposed deal. Market atten…
Chinese robotics startup EngineAI has submitted a confidential registration for an initial public offering in Hong Kong, engaging China International Capital Corp and CITIC Securities as advisers. The Shenzhen-based firm, founded in 2023 and known for a video of a humanoid robot doing a frontflip, raised 200 million yuan in a Series B round in Apri…
Woodside Energy has exercised a pre-emptive option to purchase PetroChina’s 10.67% interest in the Browse gas fields off Western Australia for $225 million, preventing a planned sale to Japan’s Inpex. The company will also cover cash call contributions since mid-2025. Woodside’s shares fell more than 2% after the announcement, with lower oil prices…
Alibaba Group has submitted an offer of roughly $1.5 billion to acquire Pupu, a Chinese grocery delivery platform based in Fujian province. The bid is more than twice the near $600 million offer reported from Sun Art Retail, and follows recent consolidation moves in the online grocery sector, including Meituan's acquisition of Dingdong Fresh.
Nebius Group shares climbed sharply in after-hours trade following Nasdaq's confirmation that the AI cloud company will join the Nasdaq-100 Index in the June 2026 quarterly rebalance, effective June 22, 2026. The move, paired with upbeat analyst price-target revisions and a supportive market reaction to May CPI, underpinned the rally for Nebius and…
Shares of Astera Labs and Rocket Lab climbed in after-hours trading following Nasdaq's decision to add both companies to the Nasdaq-100 as part of its June quarterly reconstitution. The change, effective before the opening on June 22, also includes CoreWeave, Nebius Group and Teradyne as additions, with five other firms removed from the index. Incl…
CoreWeave shares rose 6.5% in after-hours trading to $102.10 after Nasdaq confirmed the company’s addition to the Nasdaq-100 effective June 22, 2026. The index entry is expected to prompt purchases from passive funds and ETFs. Separately, CoreWeave priced $1.25 billion of 9.625% senior notes and €2 billion of 8.500% senior notes due July 15, 2032, …
U.S. stock futures rose Thursday evening after President Donald Trump said a deal with Iran had been reached and would be signed soon, lifting risk appetite following a strong session on Wall Street. Attention also turned to SpaceX, which is scheduled to begin trading after pricing the largest U.S. initial public offering ever and securing a multit…
Vale said it received a formal request from its largest shareholder, pension fund Previ, asking for a shareholders' meeting to vote on the removal of Chairman Daniel Andre Stieler. Previ proposed appointing Jose Mauricio Coelho to the board and backing current director Manuel Oliveira as chairman, arguing Oliveira would bolster governance, strategi…
SpaceX’s initial public offering raised a record $75 billion, moving Elon Musk’s calculated net worth above $1 trillion once trading begins. The offering concentrated the lion’s share of his wealth in the space, satellite and AI venture, amplifying debates over governance, political involvement and the durability of valuations tied closely to a sin…
Lennar said it expects third-quarter home deliveries to come in below analysts' forecasts as weak consumer confidence, high mortgage rates and renewed inflation weigh on the U.S. housing market. The company reported modest year-over-year delivery growth in the second quarter but saw average selling prices decline and revenue miss estimates, prompti…
Kyntra Bio (NASDAQ:KYNB) saw its stock rise in after-hours trading after the company presented a post hoc analysis from the Phase 3 MATTERHORN trial showing roxadustat increased durable red blood cell transfusion independence in patients with lower-risk myelodysplastic syndromes (LR-MDS) and a high transfusion burden. Data presented at the European…
On June 11, SpaceX raised the $75 billion it sought in an initial public offering, selling shares at a fixed price of $135 and assigning the company a market value of $1.77 trillion. The transaction, the largest IPO on record, positions the space, satellite and AI-focused company among the world’s most valuable firms. Shares are scheduled to begin …
Amgen Inc. has contracted the Duke Clinical Research Institute to perform an independent reexamination of the clinical data supporting Tavneos, a rare-disease therapy facing potential removal from the U.S. market after regulators raised concerns that data submitted by the drug's former manufacturer may have been manipulated. Amgen plans to file the…
A bankruptcy administrator overseeing 23andMe's Chapter 11 case has proposed a $46.75 million distribution to victims of the 2023 data breach. The plan, filed in St. Louis bankruptcy court, reduces the new payout by $14.29 million previously paid and is $3.25 million below the upper limit the judge authorized in January. Court approval is required …
Fortune Brands Innovations Inc. saw its stock rise about 2% in after-hours trading after director Edward P. Garden purchased 320,067 shares on June 10 for roughly $13 million, according to a Form 4 filing with the Securities and Exchange Commission. The filing details the purchase price range, the ownership structure through Garden-controlled entit…
Mexico's stock market closed higher on Thursday, with the S&P/BMV IPC up 3.33% as gains in industrials, consumer goods and consumer staples supported the advance. America Movil led the index with an 8.05% jump to 23.90, while several commodity and financial names also contributed to the rally. Market breadth favored advancers over decliners and sel…
Colombian equities closed higher on Thursday, with the COLCAP index rising 3.90% to a new one-month high. Gains were concentrated in Industrials, Services and Agriculture sectors, led by Ecopetrol and Organizacion Terpel, while several financial and exchange-related issues posted steep declines. Commodities and currency moves accompanied the equity…
First Advantage Corporation saw its shares climb 3.7% in after-hours trading after S&P Dow Jones Indices said the company will be added to the S&P SmallCap 600. The stock will replace Kennedy-Wilson Holdings in the index effective prior to the opening of trading on Tuesday, June 16. The change follows a pending acquisition of Kennedy-Wilson by a co…
Russia's benchmark MOEX Russia Index closed lower on Thursday, slipping 0.29% to register a new six-month low. Losses were concentrated in the Mining, Power and Oil & Gas sectors, even as several individual names posted gains. Market breadth favored decliners and the Russian Volatility Index declined. Commodity moves were mixed, with gold rising sh…
U.S. Foods Inc. has been awarded a $166,967,289 firm-fixed-price contract with economic-price-adjustment by the U.S. Department of War to supply food and beverage items to the U.S. Navy. The contract, managed by the Defense Logistics Agency Troop Support in Philadelphia, is an indefinite-delivery/indefinite-quantity award with an ordering period th…
After-hours trading showed divergent moves across technology, retail and space-related equities. Adobe tumbled despite strong results after the unexpected announcement that its CFO will leave for Marvell. Marvell shares dipped as it confirmed the hire and kept its quarter outlook intact. RH ticked up after an upbeat quarterly result, while a group …
